Which of the following is not correct?
A) Investment is the purchase of new plant, equipment, and buildings and the additions to inventories.
B) Net investment equals gross investment minus depreciation.
C) Depreciation decreases the value of a firm's capital.
D) Gross investment is the amount by which the value of capital increases.
E) Gross investment is the total amount spent buying new capital and replacing depreciated capital.
Correct Answer:
Verified
Q3: The circular flow diagram illustrates the expenditures
Q5: Gross domestic product is
A)the final value of
Q6: Which of the following statements is true?
A)Final
Q7: Which one of the following is false?
A)Y
Q9: Of the following items, which one would
Q10: Which of the following would be an
Q11: Complete the following sentence. Net exports equals
A)exports
Q13: Which one of the following flows from
Q13: For the aggregate economy, income equals
A)expenditure, but
Q14: Which one of the following is an
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents